XAUUSD Technical Analysis 29.06.2023 1h chart

– Previous Daily candle closed Bearish at 1907.500 breaking below Daily Support formed on Friday 23rd June 2023.
– Buys on close above 1912.400 targeting 4h Resistance formed at 1916.500, Leaving Runners to the Daily Resistance formed at 1923.200.
– Sells on close below 1905.400 targeting 4h previous Resistance formed on 15th March 2023 at 1901.900, Leaving Runners to the 15min Support formed at 1896.300.
– High Impact News ahead for the US Dollar, Fed Chair Powell due to speak at the Fourth Conference on Financial Stability hosted by the Bank of Spain in Madrid at Pre London session open, during the New York session we have Final GDP q/q, Unemployment Claims, Final GDP Price Index q/q and Pending Home Sales m/m.